Ethernity Chain Token Economics
It’s been 7 days since the ERN token TGE. In this time we have announced authenticated NFT collaborations with the Winklevoss Brothers, Michael Rubin, Dimitri Vegas, Like Mike, Alesso, Bruce Buffer, and Christian Vieri. We have also exclusively licensed Muhamad Ali’s rights for the first-ever NFT of historical significance and announced a strategic partnership with SuperFarm.
At the time of publishing this report, ERN has been transferred 30,954 times and has 7,279 holders.
ERN Token Distribution
Total Supply: 30,000,000 ERN
Day 1 Circulating Supply: 4,340,000
Team & Advisors: 6M ERN (20%)
- 12-month cliff
- 12-month vesting schedule
- Circulating Supply: 0 ERN
Partnerships: 2.4M ERN (8%)
- 1-month cliff
- 14-month vesting schedule
- Circulating Supply: 0 ERN
Ecosystem Expansion: 1.8M ERN (6%)
- 3-month cliff
- 24-month vesting schedule
- Circulating Supply: 0 ERN
Staking & Rewards: 3.6M ERN (12%)
- Unlocked as needed, maximum 50k ERN per month
- Circulating Supply: 50k ERN
Reserves: 4.5M ERN (15%)
- 3-month cliff
- 24-month vesting schedule
- Circulating Supply: 0 ERN
Private: 9.2M ERN (30.66%)
- Private round price: $0.275 / ERN
- TGE Unlock: 20%
- 8 Weeks of equal unlocks starting 1 week after IDO
- Circulating Supply: 1.84 M ERN
- Circulating Supply in 8 weeks: 10.2M ERN
IDO: 1M ERN (3.33%)
- Public IDO price: $0.275 / ERN
- 100% unlocked
- Circulating Supply: 1M ERN
Liquidity: 1.5M ERN (5%)
- Circulating Supply: 727,273k ERN (DEX & Other Exchange Liquidity)
What is Ethernity Chain?
Ethernity is the groundbreaking authenticated NFT project which auctions verified artwork featuring the top artists and stars from music, film, sports, and entertainment. Each of these digital artworks is represented as a non-fungible token (NFT). The pieces feature well-known public figures and a portion of all funds raised from the endeavor will be donated to charitable causes.
Ethernity Chain combines the utility of DeFi and merges it with NFTs to create an exclusive pipeline to rare, collectible content from notable figures and well-established digital artists.
👉 Ethernity Chain Links:
➡️ Website (https://ethernity.io/)
➡️ Twitter (https://twitter.com/EthernityChain)
➡️ Discord (https://discord.gg/EtPCBmDUHY)
➡️ Medium (https://ethernitychain.medium.com/)
➡️ Telegram Group (https://t.me/ethernitychain)
➡️ Telegram ANN (https://t.me/ethernitychainnews)
